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Media Releases

Dec, 09 2019

Government Restrains Program Spending to Fund Unnanounced Tax Cuts and Spending Measures
Nov, 28 2019

FAO Releases Q2 Expenditure Monitor for 2019-20
Nov, 14 2019

FAO Releases its Review of the Ministry of Transportation’s 2019-20 Expenditure Estimates
Oct, 30 2019

FAO Releases Review of the Province’s Plan to Create 15,000 New Long-Term Care Beds
Oct, 28 2019

FAO Releases Publication with an Update on Ontario’s Credit Rating
Oct, 17 2019

MEDIA RELEASE: Understanding Ontario’s 2018-19 Deficit
Oct, 15 2019

MEDIA ADVISORY: UPCOMING FAO COMMENTARY EXPLAINS ONTARIO’S 2018-19 DEFICIT
Sep, 26 2019

FAO Releases its Review of the Ministry of Education’s 2019-20 Expenditure Estimates
Sep, 24 2019

FAO Releases Report Assessing Ontario’s New Child Care Tax Credit
Jul, 30 2019

Financial Accountability Officer of Ontario (FAO) Releases 2018-2019 Annual Report
Jul, 09 2019

FAO Releases Commentary Assessing the Impact of an Economic Downturn on the Government’s Budget Plan
May, 22 2019

Government’s Budget Plan Relies on Reducing Program Spending Growth to Historic Lows
Apr, 02 2019

LIFT credit will provide fewer benefits to Ontarians than cancelled minimum wage increase
Mar, 26 2019

FAO releases report analyzing government’s 2018-19 expenditure estimates
Mar, 19 2019

FAO releases commentary that reviews Ontario service fees
Mar, 06 2019

Health spending restraint required to balance the budget without raising taxes
Feb, 14 2019

Just released FAO commentary compares Ontario’s fiscal position with other provinces
Feb, 05 2019

Newly released FAO commentary reveals that Ontario’s labour market continued to perform strongly in 2018
Jan, 31 2019

FAO releases report assessing income growth, distribution and mobility in Ontario
Dec, 10 2018

FAO projects significant budget deficits without government action
Oct, 16 2018

FAO estimates cancelling cap and trade will worsen Ontario’s budget balance by $3 billion over four years
Sep, 18 2018

FAO releases Update on Ontario’s Credit Rating
Jul, 25 2018

Financial Accountability Officer of Ontario Releases Commentary Assessing Ontario Government Employment and Wage Expense
Jul, 24 2018

Financial Accountability Officer of Ontario (FAO) Releases 2017-2018 Annual Report
Jul, 23 2018

Financial Accountability Officer of Ontario (FAO) Meets with Independent Financial Commission of Inquiry
May, 02 2018

FAO projects sharp increase in budget deficit
Apr, 30 2018

FAO forecasts $34.5 billion financial benefit to the Province over 22 years from gaming in the GTA
Apr, 30 2018

Province not measuring the effectiveness of many of its business support programs
Apr, 19 2018

Peter Weltman appointed Financial Accountability Officer
Apr, 18 2018

Electricity Trade Agreement with Quebec to Provide Savings to Ontario Ratepayers
Mar, 14 2018

Ontario continues to face health funding pressure
Mar, 06 2018

MEDIA RELEASE: Service fee revenue to increase 8 per cent in 2017-18
Feb, 12 2018

Partial Sale of Hydro One Expected to Result in Long-Term Cost to the Province
Dec, 11 2017

FAO Expects Large and Growing Budget Deficits Under Current Fiscal Policies
Nov, 21 2017

Nuclear Refurbishment should provide Ontario ratepayers with low-cost, low emissions electricity, but not without risk
Oct, 19 2017

FAO’s Long-term Budget Outlook projects significant budget challenges for Ontario over next three decades
Sep, 28 2017

Integrity Commissioner J. David Wake Appointed Temporary Financial Accountability Officer of Ontario
Jul, 13 2017

Financial Accountability Officer of Ontario Releases 2016-2017 Annual Report
May, 31 2017

FAO Expects Steady Deterioration of Ontario’s Budget Deficit Without Additional Government Measures
May, 24 2017

Fair Hydro Plan Provides Temporary Electricity Bill Relief but Higher Bills by 2028
Apr, 10 2017

Financial Accountability Officer Stephen LeClair Returns to Work Following Medical Leave
Feb, 15 2017

FAO says government’s fiscal plan vulnerable to housing market correction
Jan, 10 2017

FAO says province not on track to meet 2016 budget health sector expense targets
Nov, 28 2016

FAO says government’s plan to balance relies on optimistic assumptions
Nov, 23 2016

FAO says cap and trade will likely have an impact on the province’s surplus/deficit
Nov, 03 2016

FAO expects Ontario budget to remain in deficit without additional government measures
Oct, 06 2016

Financial Accountability Officer of Ontario (FAO) Welcomes Improved Access to Information
May, 31 2016

Information Request Media Release
May, 18 2016

FAO says Balanced Budget Achievable for Province in 2017-18 but Predicts Significant Future Deterioration
Mar, 03 2016

FAO Releases Commentary on the 2016 Ontario Budget
Nov, 04 2015

Government’s Fiscal Plan Faces Significant Risks

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The Financial Accountability Office was established in September 2013 by the Financial Accountability Officer Act, 2013.